R&D Budget definition

R&D Budget means the budget shown on the R&D Program.

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R&D Budget shall have the meaning ascribed to it in Section 2.1.4.

R&D Budget has the meaning set forth in Section 3.2. “R&D Support Plan” has the meaning set forth in Section 3.2.

Examples of R&D Budget in a sentence

• In addition, the Development Plan shall also contain the agreed upon Annual R&D Budget for 2000.

• In the event that the Parties foresee expenses exceeding the agreed R&D Budget by more than 10% (separately in respect of the internal and external costs), the Parties will discuss in good faith the necessary next steps that will be required and which each agrees to take in order to advance the development of the Product under these new circumstances.

• IntelGenx will be responsible for all the internal costs portion of the R&D Budget, as well as all those internal costs that exceed those set forth in the R&D Budget by up to 10%.

• Any expenses exceeding the agreed R&D Budget by less than 10% must be authorized in advance and in writing by the Steering Committee.

• Any and all third party (government and/or other) financing, credits, rebates, reimbursements and the like received in respect of the development of the Product as of the Effective Date shall be proportionally deducted, on a pro-rata basis, from the Parties’ respective undertakings toward the internal (IntelGenx) and external (RedHill) costs of the R&D Program as set forth in the R&D Budget.

More Definitions of R&D Budget

R&D Budget shall have the meaning set forth in Section 4.3(a) of this Agreement.

R&D Budget means the R&D Budget (Initial Indications) and the R&D Budget (New Indications) collectively.

R&D Budget. TMF shall establish an internal budget for research and development, and may request additional funding grants from the Parmula Board of Directors for specific R&D purposes.

R&D Budget. CampaMed shall establish an internal budget for research and development, and may request additional funding grants from the GSI Board of Directors for specific R&D purposes.

R&D Budget. The R&D Budget shall include the estimated costs and expenses of Development (including external and internal, and notably CMC development costs) for the relevant product in each Calendar Year of the corresponding Term, including the Clinical Transfer Price and all Logistics Costs which shall borne by Molecular Partners on and subject to the terms of the Clinical Supply Agreement. The initial R&D Budget will cover the [***] period from the first target nomination; provided that, if the assumptions set out in the R&D Budget were to vary without OMT’s agreement, OMT shall not be bound to continue performing the affected activities and the Parties shall confer to discuss how to adjust the R&D Budget accordingly.

R&D Budget has the meaning set forth in Section 9.2(a).

R&D Budget. Optigene shall establish an internal budget for research and development, and may request additional funding grants from the GSI Board of Directors for specific R&D purposes.